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AliensAndBigfoot
Nov 11, 2019 11:55 AM

BTC - Interesting repeating fractal 

Bitcoin / U.S. dollarBitstamp

Description

This could be a repeating fractal similar as the previously bigger triangle. Target for the potential breakout would be between $9385-$9500.

The bounce would also be in line with the daily chart as the falling wedge upper line is acting as support for now atleast and might create a bounce to the upside.
https://www.tradingview.com/chart/hQcH5zZq/

What do you think?
Comments
Blockshame
the difference is that the first one is a "ground" pattern, and the previously is a "top" pattern. similar yes, but different scenarious
AliensAndBigfoot
@Blockshame, Thanks, appreciate your comment!
Monkeykingj
interesting
Monkeykingj
@zj001013, Strongly agree
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